where is 2/b?
XAU/USD (Gold) indicates a clear downward pattern, particularly when considering 2685.33 as the fifth wave in the Elliott Wave sequence and 2624.52 as the starting point of wave 1 or A. This perspective suggests that Gold may be forming a zigzag pattern after potentially reaching support levels around 2674 or 2666.44, which could lead to a flat correction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.